China's factory activity shrinks for second straight month, contracting less than expected
- Posted on August 31, 2026
- By CNBC
- 2 Views
- 1 min read
China's manufacturing sector continues its downward trajectory, recording contraction for the second consecutive month. However, the decline proved less severe than market forecasts, offering modest relief to policymakers. This trend underscores persistent economic headwinds facing the world's second-largest economy, prompting government officials to implement supportive measures and stimulus initiatives. The manufacturing slowdown reflects broader challenges in domestic demand and export competitiveness.
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